Zoje Resources Investment Balance Sheet Health
Financial Health criteria checks 3/6
Zoje Resources Investment has a total shareholder equity of CN¥632.3M and total debt of CN¥258.8M, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are CN¥1.4B and CN¥772.8M respectively.
Key information
40.9%
Debt to equity ratio
CN¥258.77m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥68.77m |
| Equity | CN¥632.27m |
| Total liabilities | CN¥772.85m |
| Total assets | CN¥1.41b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002021's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥762.8M).
Long Term Liabilities: 002021's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥10.1M).
Debt to Equity History and Analysis
Debt Level: 002021's net debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: 002021's debt to equity ratio has increased from 24.3% to 40.9% over the past 5 years.
Debt Coverage: 002021's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002021's interest payments on its debt are well covered by EBIT.